Tag Archive: Newfield

SapuraKencana gets income boost from Newfield

September 8, 2014 8:10 am Published by

SapuraKencana Petroleum Bhd's massive gas discovery at its Newfield asset is expected to provide a steady recurring income stream. The gas discovery is a massive achievement for the group. When the Newfield asset was purchased, sceptics had questioned its value growth as it had unproven exploration assets.

Good potential for SapuraKencana

July 2, 2013 11:00 am Published by

Financial 2015-2016 forecast earnings for SapuraKencana are maintained on anticipation that the completion of the acquisition of Seadrill’s tender rigs will propel earnings momentum further.